Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Marketing Plan Analysis and Presentation: Part 2 - Research Template Directions: Using the company and research sources from the Topic 2 assignment as a starting

Marketing Plan Analysis and Presentation: Part 2 - Research Template

Directions: Using the company and research sources from the Topic 2 assignment as a starting point, conduct additional research to acquire information related to consumer behavior, product or service, and price associated with the company you selected. In the "Research Summary" section, discuss how the company could use these types of research findings to develop a marketing plan in order to meet the company marketing objectives and business needs.

Nike is the company im using.

Information to be Researched

Research Findings

Resource Citation Information

Describe the customer segments and target markets.

Describe characteristics of the target markets that will affect product/service and pricing decisions.

Describe how the company differentiates its product and positions its brand.

Describe a consumer buying behavior model for this company and brand.

Describe the product mix.

Describe the product lines.

Describe the service processes.

Discuss physical evidence of service, service scape, and ambiance.

Discuss the roles of company employees in service delivery.

Define the company's pricing objectives and discuss whether the objectives are profit- or sales-oriented.

Provide an example of current company pricing strategies.

Describe pricing tactics (discounts, etc.) that are used to drive short-term demand

Research Summary: discuss how the company could use these types of research findings to develop a marketing plan in order to meet the company's marketing objectives and business needs.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations of Marketing

Authors: William M. Pride, O. C. Ferrell

3rd Edition

618973370, 547154569, 9780618973378, 978-0547154565

More Books

Students also viewed these Marketing questions

Question

What is the maximum for SALE_PRICE?

Answered: 1 week ago